Address
8870 County 93 Road, Midland, ON
Price
$ 9,900,000
Property Attributes
  • ID#40397144
  • TypeCommercial
  • CityMidland
  • AreaMD - Midland
  • NeighbourhoodMD02 - West of King Street
  • Postal CodeL4R 4K4
  • StyleIndustrial,Building and Land
  • Taxes$ 7855
  • Price$ 9,900,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3600
  • Lot Size115.782 Acres
Data Source:
Ontario Regional (ITSO)
Property Description

Introducing an unparalleled investment opportunity within the town of Midland, Ontario, strategically positioned with direct access from Hwy 93. This expansive 115+ acre parcel boasts prime visibility and seamless connectivity to major transportation arteries, making it an irresistible prospect for astute developers seeking a foothold in a strategic growth area. Presently zoned rural with an exception permitting machine shop operations across the entire property. By-Laws allow for up to 35% lot coverage, unlocking vast expansion prospects such as a sprawling fabrication hub. At the core of the property lies a fully operational machine shop, celebrated for its precision CNC machining, milling, welding, and fabrication capabilities. Boasting a 3600 sq. ft. workshop, complete with a 16 ft door facilitating ground level access for large-scale equipment and machinery. Essential amenities including bathrooms, two expansive offices, and a dedicated lunchroom ensure optimal operational efficiency. Additionally, a modernized 3-bedroom residence spanning 2,500 sq. ft. affords the unique opportunity for onsite living and working. The property's potential is further accentuated by a 66-foot unopened laneway at the rear, poised to enable future access from Marshall Road, paving the way for additional development prospects. With a strategic zoning adjustment, the site could seamlessly transition into a lucrative residential subdivision, further enhancing its investment appeal. Conveniently situated mere minutes from key amenities, including Georgian Bay and Huronia Regional Airport, and offering swift access to Hwy 400, Barrie, the GTA, Toronto International Airport, and the US Border. The seller is open to facilitating the transaction through a Seller Take Back Mortgage, subject to mutually agreeable terms and buyer credit worthiness approval. Don't miss your chance to capitalize on this prime investment prospect in one of Ontario's most promising growth corridors.

Price History
8/9/2023 Listed $10,500,000
4/16/2024 6% - $9,900,000

General Features

Interior Features High Speed Internet,Auto Garage Door Remote(s),Florescent Lights,Lockers,Lunch Room,Public Washrooms,Storage
Sewer Septic Tank
Heating Gas Hot Water,Radiant Floor
Cooling None
Utilities Electricity Connected,Garbage/Sanitary Collection,Natural Gas Connected,Recycling Pickup,Phone Connected,Available
Appliances Water Heater Owned,Water Softener
Exterior Features Grade Loading
Zoning RU-11,EP
Pool Features None
Security Features Other
Construction Materials Metal/Steel Siding,Steel Siding
Exclusions Personal Effects,All Furniture In House And Sauna.
Electric Three Phase
Property SubType Industrial,Building and Land
Business Name Addley Precision Inc.
County Simcoe County
New Construction No
Property Type Commercial Sale
Attached Garage No
Facing Direction East
Garage Y/N No
Status Active
Directions Highway 12 to County Rd 93,north to 8870 on west side of road
City Midland
Senior Community Y/N No
Open Parking Spaces 16
MLS Area MD - Midland
Lot Size Square Feet 5043463.92
Waterfront Y/N No
Carport Y/N No
Street Name County 93
Year Built Details Town Records
MLS Area Minor MD02 - West of King Street
Virtual Tour https://my.matterport.com/show/?m=GBg1NYtHLc6&brand=0
Building Area Units Square Feet
Standard Status Active
Virtual Tour https://my.matterport.com/show/?m=GBg1NYtHLc6&mls=1

Interior Features

Basement None
Flooring Concrete
Total Stories 2
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N No
Street Suffix Road
Laundry Features None
Electric On Property Y/N Yes
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet

Exterior Features

Parking Features Unassigned
Lot Features Rural,Irregular Lot,Airport,Ample Parking,City Lot,High Traffic Area,Highway Access,Hospital,Marina,Public Transit,Schools
Water Source Well
Inclusions All Cnc Machines,Tools,Inventory.
Lot Size Area 115.782
Foundation Details Poured Concrete
Building Area Total 3600
Lot Dimensions 0 x 382.29
Lot Size Acres 115.782
Frontage Length 382.29
Frontage Type West
Lot Size Units Acres
Lot Size Source GeoWarehouse
Road Frontage Type Municipal Road,Year Round Road
Crops Included Y/N No
Open Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in L4R 4K4

Price
AVG $2.44M
$9.9M
Taxes
AVG $10,098
$7,855
Visits
AVG 120
377
Data Provided by Inside Real Estate®
Walkscore
AVG 23
23
Data Provided by Walkscore® not using MLS data